Zhejiang Kingland Pipeline and Technologies Co Ltd Total Assets
Zhejiang Kingland Pipeline and Technologies Co Ltd total assets. Based on the latest financial reports, Zhejiang Kingland Pipeline and Technologies Co Ltd (002443) holds total assets worth CN¥4.66 Billion CNY (≈ $681.65 Million USD) as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Also see 002443 company net worth for the company's overall valuation and market capitalisation.
Total Assets of Zhejiang Kingland Pipeline and Technologies Co Ltd (2007–2024)
Total assets of Zhejiang Kingland Pipeline and Technologies Co Ltd from 2007 to 2024. This chart illustrates how Zhejiang Kingland Pipeline and Technologies Co Ltd's total assets have evolved over time, based on quarterly financial data. See today's stock price for Zhejiang Kingland Pipeline and Technolog for real-time trading data and today's change.
Zhejiang Kingland Pipeline and Technologies Co Ltd - Asset Composition Analysis
Zhejiang Kingland Pipeline and Technologies Co Ltd Total Assets Breakdown (December 2024)
Zhejiang Kingland Pipeline and Technologies Co Ltd total assets breakdown as of December 2024. Zhejiang Kingland Pipeline and Technologies Co Ltd's total assets of CN¥4.66 Billion consist of 77.9% current assets and 22.1% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 10.0% |
| Accounts Receivable | CN¥973.84 Million | 21.6% |
| Inventory | CN¥876.74 Million | 19.5% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥136.31 Million | 3.0% |
| Goodwill | CN¥2.60 Million | 0.1% |
Asset Composition Trend (2007–2024)
This chart illustrates how Zhejiang Kingland Pipeline and Technologies Co Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. Explore Zhejiang Kingland Pipeline and Technolog working capital to net assets to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Zhejiang Kingland Pipeline and Technologies Co Ltd's current assets represent 77.9% of total assets in 2024, a decrease from 80.0% in 2007.
- Cash Position: Cash and equivalents constituted 10.0% of total assets in 2024, down from 23.1% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 2.0% in 2007.
- Asset Diversification: The largest asset category is accounts receivable at 21.6% of total assets.
Zhejiang Kingland Pipeline and Technologies Co Ltd Competitors by Total Assets
Key competitors of Zhejiang Kingland Pipeline and Technologies Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Inner Mongolia Dazhong Mining Co Ltd
SHE:001203
|
China | CN¥18.66 Billion |
|
Ternium Argentina SA
BA:TXAR
|
Argentina | AR$8.05 Trillion |
|
Companhia Siderúrgica Nacional
MX:SIDN
|
Mexico | MX$100.83 Billion |
|
NMDC Steel Limited
NSE:NSLNISP
|
India | Rs282.37 Billion |
|
Xinyu Iron & Steel Co Ltd
SHG:600782
|
China | CN¥48.70 Billion |
|
Zhejiang Huada New Materials Co Ltd
SHG:605158
|
China | CN¥9.16 Billion |
|
Sgis Songshan Co Ltd
SHE:000717
|
China | CN¥18.88 Billion |
|
Guizhou Wire Rope Co Ltd
SHG:600992
|
China | CN¥4.41 Billion |
Zhejiang Kingland Pipeline and Technologies Co Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 4.54 | 5.04 | 3.54 |
| Quick Ratio | 3.40 | 3.67 | 2.51 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥2.88 Billion | CN¥2.79 Billion | CN¥2.08 Billion |
Zhejiang Kingland Pipeline and Technologies Co Ltd - Advanced Valuation Insights
This section examines the relationship between Zhejiang Kingland Pipeline and Technologies Co Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.35 |
| Latest Market Cap to Assets Ratio | 0.16 |
| Asset Growth Rate (YoY) | -2.8% |
| Total Assets | CN¥4.51 Billion |
| Market Capitalization | $705.34 Million USD |
Valuation Analysis
Below Book Valuation: The market values Zhejiang Kingland Pipeline and Technologies Co Ltd's assets below their book value (0.16x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Zhejiang Kingland Pipeline and Technologies Co Ltd's assets decreased by 2.8% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Zhejiang Kingland Pipeline and Technologies Co Ltd (2007–2024)
The table below shows the annual total assets of Zhejiang Kingland Pipeline and Technologies Co Ltd from 2007 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.51 Billion ≈ $659.67 Million |
-2.78% |
| 2023-12-31 | CN¥4.64 Billion ≈ $678.52 Million |
-2.07% |
| 2022-12-31 | CN¥4.73 Billion ≈ $692.88 Million |
+6.69% |
| 2021-12-31 | CN¥4.44 Billion ≈ $649.46 Million |
+9.81% |
| 2020-12-31 | CN¥4.04 Billion ≈ $591.43 Million |
+8.93% |
| 2019-12-31 | CN¥3.71 Billion ≈ $542.93 Million |
-1.24% |
| 2018-12-31 | CN¥3.76 Billion ≈ $549.75 Million |
+15.40% |
| 2017-12-31 | CN¥3.26 Billion ≈ $476.40 Million |
-0.12% |
| 2016-12-31 | CN¥3.26 Billion ≈ $476.97 Million |
+19.11% |
| 2015-12-31 | CN¥2.74 Billion ≈ $400.45 Million |
+3.68% |
| 2014-12-31 | CN¥2.64 Billion ≈ $386.22 Million |
+0.38% |
| 2013-12-31 | CN¥2.63 Billion ≈ $384.76 Million |
+13.05% |
| 2012-12-31 | CN¥2.33 Billion ≈ $340.35 Million |
+12.58% |
| 2011-12-31 | CN¥2.07 Billion ≈ $302.32 Million |
+10.18% |
| 2010-12-31 | CN¥1.88 Billion ≈ $274.39 Million |
+63.31% |
| 2009-12-31 | CN¥1.15 Billion ≈ $168.02 Million |
-6.60% |
| 2008-12-31 | CN¥1.23 Billion ≈ $179.89 Million |
+2.12% |
| 2007-12-31 | CN¥1.20 Billion ≈ $176.15 Million |
-- |
About Zhejiang Kingland Pipeline and Technologies Co Ltd
Zhejiang Kingland Pipeline and Technologies Co.,Ltd., together with its subsidiaries, focuses on the research, development, manufacture, and sale of welded steel pipe products for the petroleum industry in China. The company offers hot dip galvanized steel pipes; feed water coated/lined with plastic composite pipes; coating the pipe; straight seam high frequency resistance welded steel pipes; spi… Read more